Overall market sentiment has been neutral on Byrna Technologies Inc (BYRN) stock lately. BYRN receives a Neutral rating from InvestorsObserver Stock Sentiment Indicator.
Byrna Technologies Inc has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on BYRN!
Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.
Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.
InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.
Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .
What's Happening With BYRN Stock Today?
Byrna Technologies Inc (BYRN) stock has gained 1.88% while the S&P 500 is lower by -0.05% as of 10:40 AM on Friday, Dec 1. BYRN is higher by $0.11 from the previous closing price of $5.85 on volume of 12,288 shares. Over the past year the S&P 500 is up 11.90% while BYRN is lower by -31.18%. BYRN lost -$0.34 per share in the over the last 12 months.
To see InvestorsObserver's Sentiment Score for Byrna Technologies Inc click here.
More About Byrna Technologies Inc
Byrna Technologies Inc is a non-lethal technology company, specializing in the development and manufacture of less-lethal equipment and munitions. Its product Byrna HD is a well-made, ergonomically designed, handheld personal security device. The firm's products are used by homeowners, renters, campers, truckers, real estate agents, and others which helps the individual to reduce risk and ensure safety. It markets products to the consumer, private security, law enforcement and military end markets in the United States, Canada and South Africa.
Click Here to get the full Stock Report for Byrna Technologies Inc stock.
Share this article:
Stay In The Know
Subscribe to our daily morning update newsletter and never miss out on the need-to-know market news, movements, and more.
Thank you for signing up! You're all set to receive the Morning Update newsletter
